Anixter
Anixter International Inc., Glenview, IL, distributor of communication products, electrical and electronic wire & cable and a distributor of fasteners and other small parts, reported sales of $1.52 billion in the third quarter 2007, which includes $31.7 million from acquisitions in the past 12 months. Sales were up 14%.
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Profit fell 15% to $64.8 million.
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For the nine-month period ended Sept. 28, 2007, sales of $4.36 billion produced profit of $183 million. Included in the 2007 nine-month results were sales of $105 million from acquisitions in the past year.
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Robert Grubbs, President and CEO, said: The 14% sales growth generated in the current quarter was particularly encouraging in light of the significant economic …
Electrical Distributors 3Q Sales: Anixter, Wesco
Anixter
Anixter International Inc., Glenview, IL, distributor of communication products, electrical and electronic wire & cable and a distributor of fasteners and other small parts, reported sales of $1.52 billion in the third quarter 2007, which includes $31.7 million from acquisitions in the past 12 months. Sales were up 14%.
  ;
Profit fell 15% to $64.8 million.
  ;
For the nine-month period ended Sept. 28, 2007, sales of $4.36 billion produced profit of $183 million. Included in the 2007 nine-month results were sales of $105 million from acquisitions in the past year.
  ;   ;
Robert Grubbs, President and CEO, said: The 14% sales growth generated in the current quarter was particularly encouraging in light of the significant economic …
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- Filed In: Companies, Electrical, Free, News, Subscriber Only, Top Distributor Sectors
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